This is your early early pre-market. The big story is that famed hedge fund billionaire Bill Ackman s completely out of his Valient Pharma stock after riding it down from over $260 to where it is today. We are always amazed how so many are making fun of this man for losing so much. This…
Even though major indices didn’t move much, not a lotto complain about…unless you are a Knicks fan. First off, for all our friends in the northeast, stay safe. What we do like is that we are still seeing some growth glamour names setting up nicely in here…even at this stage and to be brief, the…
Futures flattish. Mobileye bought by Intel. Oversold COMMODITIES bouncing up early. Other than that, very quiet. Big snowstorm in the Northeast. Looking for big blizzard in NYC. Stay safe. Here’s to hoping if it is bad, they shut the market so no one has to travel…but powers that be are insane. Good luck all. Err…
Not much has changed. In fact, we can simply be repetitive with this report. Continue with large caps over small caps. One glance at the Russell 200 versus the DOW, S&P, NASDAQ shows you why. Continue to avoid ENERGY as it goes deeper into correction. Continue to avoid most RETAIL…horror show! Continue to avoid most…
SOURCE: https://www.wsj.com/articles/corporate-insiders-havent-been-this-uninterested-in-buying-stocks-since-ronald-reagan-was-president-1489055409
SOURCE: https://archives.warpradio.com/btr/investorsedge/031018.mp3
Futures up nicely this morning. Markets have been tailing off recently but in minor league fashion as the 21 day has contained any drop. Of course, small caps are a lot worse as the Russell has broken below the 50 day as well as Transports. But until the big guys break, don’t sweat it…just know…
SOURCE: https://archives.warpradio.com/btr/investorsedge/030918.mp3
